Investor Connect Podcast

In this episode, Hall welcomes Greg Thomas, Managing Director of 375 Park Associates.

Headquartered in New York with affiliates in Asia, Europe, and the U.S., 375 Park Associates is a strategic growth advisory firm which helps private equity firms overcome challenges in their portfolio. Their partners and associates have closed transactions in the U.S. and abroad, ranging from US$10 million to US$150 million in value.

Named as one of the Top 100 in Finance for 2020, Greg specializes in business development, structured finance, and LBOs with a focus on disruptive companies. He has nearly 20-years' experience in Asia, helping many U.S.-based firms to expand their presence in the region; results include reducing costs by more than 20% and increasing profits by millions of dollars. 

Before joining 375 Park Associates, Greg was the Regional Director and Managing Partner of IMC International Asia-Pacific. At IMC, he worked on several LBO teams, led a joint venture with a New York-based hedge fund, and started a ship finance operation. Greg spent four years as the Managing Director & President of Foundation Consulting, a company that was acquired by IMC in 2013.

He has held management positions with Fortune 500 companies in the U.S., and has led business units of ultra-growth companies in Asia-Pacific with P&Ls in excess of US$30 million, and had previously served on the advisory council for CX@Rutgers, a judge for the 16th Annual M&A Advisor Awards, and as a director of financial advisory for Mazars.​

Besides acting as an advisor to several startups in the U.S. and Asia, Greg is an advisor to the digital ecosystem - Dreamr, a member of the advisory councils of the Harvard Business Review, McKinsey Quarterly, the Gerson Lehrman Group, and Expert Coin. He is also a regular guest on Dukascopy TV. 

Greg studied Organizational Communications, Learning, and Design at Ithaca College and has a BSc in Communications from Almeda University as well as an MBA Administration from Edinburgh Business School at Herriot Watt University.

Greg shares with Hall the company's investment thesis pre and post-COVID-19 and how he sees the early-stage funding world evolving. 

You can visit 375 Park Associates at www.375parkllc.com, via LinkedIn at www.linkedin.com/company/375-park-associates, and via Twitter at https://twitter.com/375ParkAssoc  

Greg can be contacted via email at greg@375parkllc.com.

Direct download: Greg_Thomas_--_375_Park_Associates.mp3
Category: -- posted at: 12:38pm CST

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

When I ask startups how much they are raising for investment, they often quote their total raise for the life of the startup.

We then talk about breaking the raise into smaller rounds so the founder doesn’t have to spend too much time on the fundraise process.

Here’s some guidance on how to breakdown your startup fundraise into tranches or what some call rounds.

Family and Friends funding:  $10K to $100K
This helps set up your legal entity, intellectual property, and basic prototype.

Pre-seed:  $250K
This raise is for the initial research and beta product development.

Seed:  $500K to $750K
This raise is for building out the product and closing initial customers.

Seed +:  $500K to $750K
This raise is for growing the sales and establishing repeatable sales and marketing processes.

Series A: $1.5M to $3M
This raise is for growing your sales up past the $1M annual revenue.

Series B: $5M to $15M
This raise is for growing your sales up past the $3M annual revenue.

If you raise too much money too early in the life of your startup, you will find yourself giving away too much equity so it’s important to raise in stages.


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.


Let’s go startup something today.
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Direct download: EG_Aug_2020_Startup_Funding_Espresso_--_Standard_Raises_by_Stage.mp3
Category:general -- posted at: 7:00am CST

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